A webinar on emerging explorations on trust structures—their promise and their problems
The employee stock-ownership plan, or ESOP, is one of
the most powerful legal innovations in recent US history. Since its
introduction in the mid-1970s, millions of employees have benefited from
being co-owners of the companies where they work. But ESOP formation
has slowed in recent years, and it has come with shortcomings. A new
generation of lawyers, investors, and worker advocates has been
exploring new strategies for broad-based ownership—potentially serving
employees, contractors, and community stakeholders. Many of these
involve reworking the mechanics of the trust, the legal structure at the
heart of the ESOP.
In this interactive webinar, we'll hear from some of the
leaders of this emerging conversation about the promise and pitfalls of
new strategies for democratic ownership.
Organized by the Media Enterprise Design Lab, a think tank for community ownership and governance in media organizations, based at the University of Colorado Boulder's College of Media, Communication and Information.
Nathan Schneider (University of Colorado Boulder) Advancing the Kelso paradigm, from ESOPs to online platforms
Christopher Michael (Christopher Michael P.C.) Perpetual trusts for employee ownership
Camille Kerr (Upside Down Consulting) Labor trusts for worker benefit
Derek Razo (Purpose Ventures) Purpose trusts for multi-stakeholder stewardship
Sara Stephens (Sustainable Economies Law Center) Lessons from the legacy of land trusts
Jason Wiener (Jason Wiener|p.c.) Uncomfortable questions about trust structures